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You missed the part where I said in Africa we have governance challenges. 99 year lease of Sri Lanka Hambantota port is modern day colonization.

• pinkfoot 7y ago
  Just to be clear, Ski Lanka is not Africa. All debts have collateral. Don't sign up to loans you cannot afford. Any don't vote in governments that do. [And don't stuff up the maintenance of your infrastructure to the point you don't have electricity for 18 hours. It wasn't like that when it was commissioned.] Then you won't need to take deals on onerous conditions. The Swiss don't.
  • swsieber 7y ago
    > Don't sign up to loans you cannot afford. And that's the problem - the Chinese are offering them and people/countries are taking them, in large numbers. That statement also applies to home loans, yet the 2008 crisis. A nice platitude isn't going to prevent people from falling into China's lap.
    • pinkfoot 7y ago
      Yip. Still not colonisation.